About your Search

20121222
20121230
Search Results 0 to 7 of about 8 (some duplicates have been removed)
bonds. medicaid and the children's health insurance program, or chip, which under current law are exempt from the sequester, could be one area where lawmakers look to make cuts. in 2010, more than 40%-- or about $278 billion states received in overall funding-- went to these two programs. >> looking at past proposals, there is a good chance that something like medicaid would be cut, and that would obviously have direct impact on state budgets. but what it would entail is still unknown. >> reporter: also on the table for lawmakers to consider: municipal bonds. they've traditionally been tax- exempt. if that changes, they could become less attractive as an investment vehicle, and end up raising borrowing costs for states and municipalities. >> it would effectively increase the cost of issuing debt to state and local governments, and it's a real consideration at a time when states and local governments are still in repair mode. >> reporter: while some states have built up rainy day funds, credit rating analysts at s&p say for the first time since the start of the financial crisis, the healt
the nation's commerce. >> reporter: the sticking point in negotiations: a decades old law, called the container royalty fund. it was established in the 1960s to help dockworkers displaced by technology, the port alliance says these days those royalties serve as a bonus to workers, not a safety net. but the union disagrees saying the payments still help compensate workers for lost job opportunities. florida is home to almost a third of the ports that would be affected by the potential strike, governor rick scott says he's still thinks a deal will be reached, but if it doesn't he's counting on washington to step in. allison worrell, "n.b.r.," fort lauderdale, florida. >> susie: volatility was the word of the day here on wall street. investors were fixated on the war of words in washington over the fiscal cliff, and shrugged off some encouraging news today about jobs. fewer americans filed for jobless benefits last week: new claims fell 12,000 to 350,000. but the labor department says the christmas holiday may have distorted the numbers, as some state offices were closed monday and t
Search Results 0 to 7 of about 8 (some duplicates have been removed)